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VladimirAG [237]
3 years ago
10

Wildhorse Company took a physical inventory on December 31 and determined that goods costing $676,000 were on hand. Not included

in the physical count were $9,000 of goods purchased from Sandhill Corporation, f.o.b. shipping point, and $29,000 of goods sold to Ro-Ro Company for $37,000, f.o.b. destination. Both the Sandhill purchase and the Ro-Ro sale were in transit at year-end. What amount should Wildhorse report as its December 31 inventory?
Business
1 answer:
Elis [28]3 years ago
4 0

Answer:

this is ez

Explanation:

answer is. Title transfers at FOB point. Both the 25,000 and the 22,000 should be added to Dec 31 inventory.

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Determine whether each of the following topics would more likely be studied in microeconomics or microeconomics.
Jlenok [28]

Answer:

<u>The effect of government regulation on a monopolist's production decisions</u>

Explanation:

The effect of a large government budget deficit on the economy's price level

The superavit or deficit of the government is a macroeconomics subject.

The money market is also macroeconomics.

The impact of regulation or specifit taxes or tax extemption on a monopolist's production will be part of microecnomics, because it will impact on which level the monopolist's production finds equilibrium after the legislation.

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Zoe would like to terminate an employee. She claims that the employee is always on her cell phone and not focusing on her work.
evablogger [386]

Answer:

d. Behavior Observation Scale

Explanation:

She uses the Behavior Observation Scale which refers to an appraisal method that measures behavior against levels of performance and also measures the frequency with which the behaviors occur as here Zoe would like to terminate the employee who is always busy on her cell phone and not focusing on her work, therefore,<em> she is measuring the frequency of behavior of that employee so that she can share that information with the employee</em>.

6 0
3 years ago
Select the correct answer from the drop-down menu. A local carbonated beverage business enters a foreign market. What problems c
Nadya [2.5K]

Answer:

Advertisements and promotional schemes have to be introduced to make people aware of their product.

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5 0
3 years ago
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The amount of money that a worker's compensation claimant can recover
Dennis_Churaev [7]
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hope this helps
3 0
3 years ago
Bonita Industries took a physical inventory on December 31 and determined that goods costing $210,000 were on hand. Not included
UNO [17]

Answer:

$258,500

Explanation:

The terms FOB shipping point indicates that ownership of the goods will passes to the buyer immediately the goods are accepted or collected from the seller by the public carrier. Since the goods in the question are already in transit, they should be added to the closing stock.

FOB destination destination implies ownership of the goods passes to the buyer at the destination. Since the goods in the questions are still in transit, they should be included in the closing stock.

Therefore, we have:

December 31 inventory = $210,000 + $24,000 + $24,500 = $258,500

Therefore, Bonita should report $258,500 as its December 31 inventory,

6 0
3 years ago
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